Utah Multi-Member LLC Operating Agreement

Utah Multi-Member LLC Operating Agreement

The Utah multi-member LLC member operating agreement is How to Write Step 1 –

Utah Single Member LLC Operating Agreement

Utah Single Member LLC Operating Agreement

The Utah single member LLC operating agreement is How to Write Step 1 –

For the state of Utah, we offer a Single and a Multi-Member LLC Agreement, which are both designed to protect the different member(s) of an entity from financial damage and to organize and document the different sections of a company. More specifically, when a Single Member operating agreement is utilized, the entity owner is protected from financially damaging liability connected to the owner’s company, company ownership is solidified, the daily routine of the company is recorded, bylaws can be created within the company, and every manager and employee role and position is documented. Our Multi-Member operating agreement only differs in the sense that it is designed for companies with more than one (1) owner, and puts all the different owners (members) into a contract that states each member’s entity ownership percentage and their role(s) in the company. One of our operating agreements can only be utilized if an entity has been filed/created with the Utah Secretary of State. Below we walk you through the steps required to file your new company, which is one of, if not the first step any aspiring business owner should take.

How to File an Entity with the Utah Secretary of State:

Note: Before completing an Articles of Organization form and filing your new entity with the state of Utah, the Utah Secretary of State Business Search Page should be scanned to ensure the name you plan on utilizing for your business has not been already taken. If your planned entity name is still available, continue to either Option one or Option two.

Option 1 (Online):

Go to the following webpage here and follow the instructions to create an account and fill-in all the required fields. The filing fee for the entity creation is $70. Your new entity should arrive in the mail 5-7 days after online payment.

Option 2 (Paper):

Click on one of the blue, underlined links below that matches your situation, print, and complete the document.

Domestic – For all companies that will be created within the state of Utah.

Domestic Series – Also known as a Master LLC with other divisions.

Professional – For a company that holds a special license, like an attorney or medical office.

Foreign – For a company that has already been created in another state, and is opening up a business in the state of Utah for the first time.

Foreign Series – A series LLC that has already been created in another state, and is planning on opening a business in Utah for the first time.

Low Profit – For companies that do not make personal profit, like charity-type organizations.

Next, attach the completed Articles or Organization form (one of the six above) to a check to the amount of $70, and mail to the below address:

Utah Division of Corporations and Commercial
Code PO Box 146705
Salt Lake City, Utah

Utah Secretary of State Contact Information:

Telephone #: 1(801) 530-4849

E-Mail: corpucc@utah.gov

Helpful Tips:

– Utilize one of our two (2) LLC Operating Agreements we offer for Utah, to organize an entity and to protect the members of an entity from damaging liability.

– Apply for an EIN (Employer Identification Number) at the IRS’ website to be able to create a bank account in your company’s name.